(Reuters) - German payments firm Wirecard collapsed in June after its auditor EY refused to sign off on the 2019 accounts, following months of investigation into missing 1.9 billion euros from its ...

FRANKFURT, March 16 (Reuters) - Payments firm Wirecard collapsed last year in Germany's biggest post-war fraud scandal. A parliamentary inquiry is in progress, with German Chancellor Angela Merkel and ...

Wirecard has announced it will lay off 730 out of its 1,300 staff in Germany following a $2.1 billion scandal that left the company insolvent in June. According to an Aug. 25 report from Law360, ...

Markus Braun, who resigned last week as CEO of Wirecard, has now been arrested in Germany on charges of accounting fraud and manipulating the share price, says Simon Foy in The Daily Telegraph. He has ...

Shares in Wirecard fell more than 13% to their lowest in more than two years on Friday, traders pointing to a tweet about a business partner based in Dubai liquidating as the reason for the sudden ...

The fallout from the financial collapse of Wirecard has temporarily taken down payment card services Curve, Pockit and many others. Wirecard collapsed on Thursday with debts of almost $4 billion, ...

Wirecard’s former CEO Markus Braun Tuesday morning turned himself in to Munich prosecutors, who arrested him on “suspicion of false accounting and market manipulation. The prosecutors are accusing Mr.

It’s been a spectacularly bad week for German business. One of the country’s biggest public companies was brought down by an accounting scandal, another was forced to pay out billions in damages, and ...

Markus Braun was the self-styled visionary behind German payments giant Wirecard AG. An instantly recognizable fixture at tech conferences, recently adopting Steve Jobs-style black turtlenecks, Mr.

(RTTNews) - Wirecard AG (WRCDF.PK) announced the auditor Ernst & Young has informed the company that no sufficient audit evidence could be obtained of cash balances on trust accounts to be ...

Wirecard collapsed on Thursday owing creditors almost $4 billion after disclosing a gaping hole in its books that its auditor EY said was the result of a sophisticated global fraud. The payments ...

It’s been a turbulent year for financial conduct regulators around the globe. Wirecard’s stunning collapse exposed a litany of failures: by auditors and accountants who took the company’s statements ...